London Stock Exchange Welcomes World First Bond To Protect Forests And Deepen Carbon-Credit Markets

London Stock Exchange today welcomes a first-of-its-kind bond, issued by the IFC - part of the World Bank Group - that gives investors the unique option of being repaid in either carbon credits or cash. Listed in London, the five year, 1.546 per cent coupon bond raised $152m from a wide range of international investors, to support private sector development and prevent deforestation in developing countries.